Secretary of Prizes and Betting (SPA), Ministry of Finance
Appears in 1 story
Signed the wind-down ordinance for betting operators
Brazil's betting sites went offline at midnight October 6, two days after the first-round election, ending a market Lula's government legalized in 2023. The withdrawal window closed with R$1.325 billion still in player accounts; banks return balances October 9-14, with state-owned Caixa handling anything left after that.
Updated Oct 14
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